Financial related news.
NEW YORK (AP) — Some of Wall Street’s heaviest hitters are stepping into the national debate on guns as investment firms ask firearms makers what they are doing about gun violence. The firms speak softly, but because they own trillions of dollars’ worth of stock, their voices travel far. And they’re now joining forces with [...]
WASHINGTON (AP) — The Federal Reserve’s first meeting under Jerome Powell’s leadership will likely end today with an announcement that the Fed will resume its modest interest rate hikes. But investors will be most attuned to what Powell signals at his first news conference about whether and how he might steer the Fed’s policymaking differently [...]
The millions of Americans who haven’t saved enough money for retirement still have a potential safety net: their home equity. But recent changes to reverse mortgages mean seniors and their families may have tougher decisions to make. Reverse mortgages allow people 62 and older to tap their home equity without having to pay the money [...]
Central Ohio’s unemployment rate decreased nearly a full percentage point in January. The 10-county metropolitan statistical area’s not-seasonally adjusted jobless rate was 4 percent the same month compared with 4.9 percent in January 2017, according to data the Ohio Department of Job and Family Services released Tuesday. But the region’s civilian labor force decreased to [...]
NEW YORK (AP) — Markets can’t ignore Washington politics any longer. Last year, investors calmly brushed aside every surprise that came out of Capitol Hill or the White House. Whether it was President Donald Trump barring the arrival of travelers from certain countries, firing his FBI director or trying repeatedly to overhaul the health care [...]
WASHINGTON — The Trump administration has chosen an odd time to offer special protection to the U.S. steel industry. As President Donald Trump prepares to impose a 25 percent tax on imported steel, America’s steelmakers are actually faring pretty well: The U.S. steel industry last year earned more than $2.8 billion, up from $714 million [...]
The economic development efforts of Ohio, including multiple municipalities such as central Ohio, received recognition again from what corporate and real estate analysts call “the industry’s scoreboard.” Ohio was the only state to place in the top three of the Site Selection’s Governor’s Cup 2017 Rankings’ two categories. The state is ranked second overall for [...]
Electronic bank statements have virtues — saving trees, keeping your desk uncluttered — but they also have a vice: They can be easy to forget. You could instead get paper statements delivered by mail, an option that’s becoming less popular as technology gets better. But Nessa Feddis, senior vice president for consumer protection and payments [...]
With concerns about Social Security’s viability, women are weary about their happiness in retirement. Conducted by The Harris Poll, the Nationwide Retirement Institute’s annual survey found among 1,012 adults ages 50 or older who are retired or plan to retire in the next 10 years, including 473 women, that only 25 percent say life is, [...]
WASHINGTON (AP) — America’s 21st century job market increasingly demands high-tech skills and knowledge. Yet consider this: Nearly half the new jobs the government foresees emerging by 2026 will require only a high school diploma — or none at all. Those jobs share something else in common, too: Hundreds of thousands of them will likely [...]